Deepseek reportedly seeks outside funding for the first time at $10 billion valuation

THE DECODER / 4/18/2026

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Key Points

  • DeepSeek is reportedly seeking outside funding for the first time, targeting at least $300 million while valuing the company at around $10 billion.
  • The fundraising push is linked to setbacks including delayed model releases and increased competitive pressure.
  • The report says top researchers have been poached by rivals, weakening DeepSeek’s talent position.
  • DeepSeek’s independence may be reduced as large, well-funded tech companies apply pressure through potential investment or partnerships.

Deepseek is reportedly ready to give up its independence. The Chinese AI startup is seeking outside backers for the first time, aiming to raise at least $300 million. The shift comes after delayed model releases, top researchers being poached by rivals, and mounting pressure from deep-pocketed tech giants.

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